Animal Feed Dietary Fibers Market - Forecast(2023 - 2028)

Animal Feed Dietary Fibers Market Overview

Animal feed dietary fibers market size is forecast to reach US$105.2 million by 2027, after growing at a CAGR of 6.7% during 2022-2027. Dietary fiber is a constituent of plant-based foods that digestive enzymes are unable to entirely degrade. Dietary fibers are used in animal processed food, such as pig diets, to assist minimize the deleterious consequences of protein fermentation in the pig gut. The animal feed dietary fibers market is primarily driven by the growth of the compound feed application. Moreover, the increasing utilization of animal feed dietary fibers in pet food is fueling the demand for animal feed dietary fibers, which is also benefiting the growth of the animal feed dietary fibers industry growth during the projected forecast period.     

COVID-19 Impact

During the first half of 2020, the production facilities were temporarily closed due to the Covid-19 pandemic, Moreover, the major economies at the global level were under lockdown, owing to this the supply chain was disrupted. Hence, farmers also faced difficulty in procuring animal feed dietary fibers for a short period. However, in the second half of the year 2020, the animal feed dietary fibers market was not much impacted because production activities again started. Moreover, in the long run, it is anticipated that the impact of the Covid-19 pandemic will be low, and owing to this the animal feed dietary fibers industry growth scenario will increase during the projected period.             

Report Coverage

The report: "Animal Feed Dietary Fibers Market Report –Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the Animal Feed Dietary Fibers Industry. 

By Type: Corn, Soyabean, Wheat, Cereals, Grains, Potato, Pine, Spruce, Fruits, and Others 

By Solubility: Soluble and Insoluble 

By Application: Pet Food, Compound Feed (Cattle, Poultry, and Others), On-farm Feeding, Speciality Feed, and Others  

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (Middle East (Saudi Arabia, UAE, Israel, and Rest of Middle East), and Africa (South Africa, Nigeria, and Rest of Africa))  

Key Takeaways

The corn type held the largest share in the animal feed dietary fibers market in 2021 and is growing at a CAGR of 6.3% during 2022-2027. Dietary fiber derived from corn aids in the reduction of cholesterol levels as well as the improvement of animal digestive health. When corn fibers are synthesized and combined with other dietary ingredients and supplements, the advantages of using corn in animal feed multiply, resulting in increased poultry egg production. It increases meat quality in other animals and aids in milk production in cows and lambs. Thus, due to these essential properties of corn, its utilization in animal feed dietary fibers is increasing.    

Animal Feed Dietary Fibers Market Segment Analysis – By Application 

The compound feed application held the largest share in the animal feed dietary fibers market in 2021 and is growing at a CAGR of 7.5% during 2022-2027. In compound feed animal feed dietary fibers are widely utilized to increase the nutrient value of the meat, milk productivity, improve the health of livestock, and more. The increasing poultry meat production at the global level is accelerating the demand for animal feed dietary fibers. For instance, according to the European Union, in the year 2020, the total poultry meat production was 13.6 million tons in the European Union, this was an all-time high for the European Union. Hence, increasing compound feed application is propelling the demand for animal feed dietary fibers, which is also benefiting the market growth. 

Animal Feed Dietary Fibers Market Segment Analysis – By Geography 

North America held the largest share in the animal feed dietary fibers market in 2021 up to 36%. The increasing pet adoption in the North-America region as well as the increasing regulatory norms for the nutrient values in the animal feed is accelerating the animal feed dietary fiber market growth. For instance, according to the Insurance Research Council, in the year 2020, there was a surge in the adoption of pets in the United States of America, which was reported to be 30% American adopted during this time. Moreover, according to the Association of American Feed Control Officials (AAFCO), Animal Feed Labeling Guide it has been made compulsory by the association to label the animal dietary fiber content with adequate information. Therefore, the increasing pet adoption and regulations related to animal feed labeling in the North American region is fueling up the demand for animal feed dietary fibers, creating a potential expansion for the animal feed dietary fiber market growth.